Wednesday, February 24, 2021

Sec. 54 exemption couldn’t be denied if assessee claimed exemption under wrong section

INCOME TAX : Where assessee claimed in return deduction under section 54F but on date of transfer of original asset more than one residential house was owned by him and claim of deduction actually meant for deduction under section 54, deduction would be allowable under section 54

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000196586/sec-54-exemption-couldn’t-be-denied-if-assessee-claimed-exemption-under-wrong-section.aspx

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